Saturday, December 11, 2010

CHS (NYSE:CHS) Joint Venture End

A joing venture between Mitsui and CHS (NYSE:CHS) is being ended after 12 years. CHS (NYSE:CHS) shares stood at 12.34 at the end of trading on 12/10/2010. CHS (NYSE:CHS) Joint Venture End The US farm giant CHS (NYSE:CHS), has split with this Japanese trading house and is preparing itself for the handover of power to a new crop of executives. The group’s senior vice-president of grain marketing, Rick Browne said that "We had made the determination that it is best to dissolve the joint venture and it has become clear that CHS needs to move in a new direction.” If you’re looking to make a move on the CHS (NYSE:CHS) shares, make sure you make the trade at the right price. Timing the market or technical analysis can be a fruitless exercise, but do take into account the price history: Price History Last Price: 12.34 52 Week Low / High: 8.22 / 16.57 50 Day Moving Average: 10.9 6 Month Price Change %: 7.6% 12 Month Price Change %: -11.5% We’ll be keeping a close eye on the CHS (NYSE:CHS) share price for developments over the next few weeks.
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